The dollar dropped against the yen in Asia trade Friday, as local media said the government is drawing up a fresh fiscal stimulus in the form of a supplementary budget exceeding 3 trillion yen ($25 billion...

EURJPY: The cross was seen returning to upside towards its broken support turned resistance level at the 133.14/43 zone during early Friday trading today. This is coming on the back of its price rejection on Thursday triggered from the 131.58 level. With that reversal putting EURJPY above the 132...

Weekly price is on bullish market condition for ranging between Central Pivot at 16483 and R2 Pivot at 20733. The price is breaking R1 Pivot at 19117 from above to below and from below to above for the secondary ranging market condition. Instrument S1 Pivot Yearly PP R1 Pivot...

The following are the latest technical setups for EUR/USD, USD/JPY, NZD/USD, and USD/CAD as provided by the technical strategy team at Barclays Capital. EUR/USD: Wednesday’s key reversal caps the recent uptick and helps to confirm our bearish view. We are looking for a move lower towards the 1...

The majority of panelists at the gold conference in Vienna were bearish towards gold, saying it will dip below $1,000 an ounce, besides one lonely ranger, analyst Diego Parilla, the author of "The Energy World is Flat...

AUD/NZD This pair was reversed from the primary bullish to the primary bearish market condition in October this year: price crossed 100 period SMA and 200 period SMA from above to to below and it was stopped by 1.05 support level...

Having entered a SELL order in the morning, https://www.mql5.com/en/blogs/post/653020 on a HIGH ZZ in M15 time frame, saw another opportunity for a SELL with a HIGH ZZ in H1 time frame. Hence entered another SELL order with 0.02 lot size in addition to the SELL order in gold with 0...

The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, AUD/USD, and AUD/NZD. EUR/USD: Yesterday's FOMC statement suggests that a December rate hike is still very much alive and it seems as though it would take very poor data to prevent it from happening...

After suggesting to SELL when gold price reaches a HIGH in the day https://www.mql5.com/en/blogs/post/653019, couldn't keep quite myself. Entered another SELL order with 0.05 lot size, keeping the margin at around 300...

USD/JPY This pair is on bullish market condition for ranging within 118.05 key support level and 125.85 key resistance level. The price is located above 100 period SMA and 200 period SMA floating around 121.63 resistance. According to the forecast made by Westpac Banking Corporation, this 118...

GBPJPY: The pair remains weak and vulnerable to the downside. While it holds and trades below its resistance at 186.30 level, immediate bias remains to the downside. On the downside, support comes in at the 184.00 level where a violation will aim at the 183.00 level...

The greenback saw a drop on Thursday, ahead of U.S. economic growth data due later in the global day. But losses remain capped since the Federal Reserve signaled yesterday there is a possibility for a rate hike as soon as December...

NZD/USD The pair is on bearish market condition for ranging within 0.6084 key support level and 0.6896 key resistance level. RSI indicator is estimating for the bearish trend to be continuing with the next bearish target as 0.60...